Can we squeeze some long-run good out of this short-run disaster? The coronavirus has upended life in my household. I’m now toggling between teaching first-grade math and undergraduate economics, and … Continue Reading COVID-19 and the Climate
High retail electricity prices, not economic value, are driving U.S. investments in rooftop solar. If you were starting from scratch and could install the United States’ 22,500 MW of rooftop … Continue Reading Putting Solar in All the Wrong Places
A new paper reveals the financial and environmental costs of Germany’s nuclear power phaseout. I spent the first fifteen years of my life in Northern Bavaria, right next to the … Continue Reading No Nukes, Mo Problems.
Regional market coordination delivers a win for climate change mitigation. There’s an important experiment underway in the Western United States as we inject more and more renewable energy into the … Continue Reading The Little Energy Market That Could
Mexico’s decision to suspend renewables auctions is bad news for Mexican electricity consumers. Mexican President Andrés Manuel López Obrador (“AMLO”) has only been in office for 8 months, but he … Continue Reading Mexico Goes Backward on Renewables
Saving energy and saving the climate are not the same thing. A couple years ago I took Severin’s advice and proactively replaced many of my still-working incandescent light bulbs with … Continue Reading Redirecting Energy Efficiency Policies for the Climate
It has a face that only economists can love? We economists have long been enamored with carbon pricing. The concept is simple and sensible. If the economic damages from greenhouse … Continue Reading The Trouble with Carbon Pricing